After years of applying plenty of stick to commercial lenders unhappy with negative interest rate policies, central bankers in the euro zone and Japan are experimenting with some carrot, too. With the ... ( read original story ...)
Coronavirus latest: Japan postpones budget request deadlines for fiscal 2021
Japan's fiscal year begins on April 1. 9:30 ... 11:20 a.m. China's new home prices rose at a slightly faster pace in April, the latest data shows, adding to signs the country's property market is ... ( read original story ...)
At the movies: ‘Ben Hur’ and ‘Wizard of Oz’ as Japan reopens
The chariots of 1959 epic "Ben Hur" and the yellow brick road of 1939 fantasy "The Wizard of Oz" are back on the big screen in Japan as cinemas begin reopening from the coronavirus crisis with a slate ... ( read original story ...)
Japan jumps 2%, with Asia stocks getting a boost as hopes of a coronavirus vaccine rise
Stocks in Asia jumped in Tuesday afternoon trade as hopes rise on a potential coronavirus vaccine after a positive development from a Moderna trial. ( read original story ...)
Japan’s Sharp reports 37% profit drop, gives no forecasts
Japan's Sharp Corp, an Apple Inc supplier, reported a 37% decline in annual operating profit and refrained from releasing an earnings outlook for the current year because of uncertainty over the novel ... ( read original story ...)
Asian Stocks Advance After U.S. Rally; Oil Gains: Markets Wrap
Asian stocks rose Tuesday, spurred by a surge on Wall Street, after early results for an experimental vaccine sparked speculation economies could snap back quickly. Oil extended gains and Treasury ... ( read original story ...)
Japan’s Abe ‘looks like a lame duck’ as his government comes under fire for its coronavirus response
Nikkei/TV Tokyo poll said they do not have a favorable view of the Japanese government's handling of the coronavirus outbreak. ( read original story ...)
Federal investigators probe large fire at cannabis products warehouse
Federal authorities have joined an arson investigation into Saturday night’s explosion at a downtown Los Angeles cannabis products warehouse that ignited a large fire, injuring 11 firefighters. An ... ( read original story ...)
Vietnam set to thrive on China’s misery again as US, Japan goad companies to relocate manufacturing bases
Vietnam’s property market is likely to get another shot in the arm as the coronavirus pandemic forces global companies to cut or reduce their supply-chain risks in China. ( read original story ...)
Asian Shares Firm on Hopes of Global Recovery; Japanese Economy Contracted
Asian traders saw this as a good sign for the global economy because it indicates demand may be picking up. Late Sunday (local time), Federal Reserve Chairman Jerome Powell took a cautious line in an ... ( read original story ...)
Japan Government to Delay Budget Request Deadline to End-Sept: Finance Minister
Japanese Finance Minister Taro Aso said on Tuesday that his ministry would postpone the deadline for budget requests to Sept. 30 as the government focuses on responses to the coronavirus. ( read original story ...)
Japan’s J-League is ‘the best league in Asia’ – Ange Postecoglou
League "the best league in Asia" as Japan's top flight awaits the green light to resume after the coronavirus pandemic. While South Korea's K-League and Germany's Bundesliga have already swung back ... ( read original story ...)
Starbucks says reopening many stores in Japan
Starbucks Coffee Japan said it was reopening many of its stores in Japan, including Tokyo, starting on Tuesday, although many of them will be limited to take-out and drive-through services. ( read original story ...)
Japan business chief warns of radical shake-up in labour market
The world’s post-coronavirus economic future could depend on mass career migration away from sectors such as retail, entertainment and travel, Japan’s most powerful business leader has warned. ( read original story ...)
Japan’s Nomura to bolster private investment business, CEO says
Nomura Holdings Inc will beef up its private investment business including advising start-ups, its chief executive said on Tuesday, after the firm surprised with its first loss in five ... ( read original story ...)
Japan Puts off Bid to Raise Prosecutors’ Retirement Age After Backlash: Media
Japan will postpone a bid to raise the retirement age of public prosecutors, media said on Monday, given an intense public backlash fuelled by fears for judicial independence. Opposition to a bill ... ( read original story ...)